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This paper studies economic effects of the gender composition of corporate boards, employing a new and unique …. Using multiple identification approaches, alternative measures of gender diversity, and several performance indicators, we … find some evidence that companies with gender-diverse boards have higher market values and better profitability. These …
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We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are heterogeneous in their valuations of the firm's service as well as the privacy costs incurred when sharing personal data with the firm. We show that the GDPR boosts demand for the...
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China erlebte in den letzten 40 Jahren einen enormen wirtschaftlichen Übergang von einer zentral geplanten Wirtschaft zu einer marktorientierten Wirtschaft. Mit Blick auf die Zukunft stellt sich eine alte, aber faszinierende Frage: Wie kann China die industrielle Welt weiter einholen? Ein Teil...
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This study examines the impact of board gender diversity on financial misconduct. The findings suggest firms with … gender-diverse boards commit fewer financial reporting mistakes and engage in less fraud. The findings hold after accounting … diminish at higher levels of gender diversity, indicating that impact of gender diversity on decreasing the likelihood of …
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We study the relationship between gender diversity on boards and corporate social irresponsibility (CSI). We … hypothesize a bi-directional causality. Firms exposed to CSI incidents are likely to increase their board gender diversity for … reputational purposes. At the same time, board gender diversity diversifies board skills and networks, thereby building board …
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